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Friday, February 17, 2023 8:49:45 AM
Transmission infrastructure lasts between 50 and 80 years, according to a 2021 presentation from the advisory firm, the Brattle Group. Replacing transmission infrastructure that’s reaching its age limit is likely to costing an estimated $10 billion a year, according to the Brattle Group analysis.
American Electric Power, an energy company that owns 40,000 miles of transmission miles, has said 30% of its transmission lines will need replacement over the next 10 years, as highlighted by a 2022 report from the transmission policy group, Grid Strategies.
In addition to the increasing age, the location of the existing transmission lines is a problem.[/quote
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Certainly looks like a huge need for new wire. I wonder why there is nothing but silence regarding mhtx metals deal.
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